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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Negotiations are underway with ExxonMobil and Chevron to boost exploration.

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Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

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Investment Opportunities in the Oil and Gas Sector

Nestoil

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.

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Liskow Obtains Victory for the Oil and Gas Industry in the Louisiana Third Circuit

The Energy Law

In a victory for the oil and gas industry, the Third Circuit rendered a decision rejecting attempts by the Louisiana Department of Revenue to impose severance taxes on crude oil production based on index pricing. Communications include firm news, insights, and events.

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CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360ยบ

Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career. TSXV: KFR), Orex Minerals Inc.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.

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